Welcome to $9 trillion worth of debt. Ah, the responsibility society that Bush promised us. It just didn't apply to him, did it? Kicker:
The total national debt is actually higher than $9 trillion because it includes borrowing by some agencies that are not covered by the congressional debt limit. That total was $9.086 trillion on Tuesday.
It took the country from George Washington until Ronald Reagan to reach the first $1 trillion in debt.
This article available online at:
http://www.theatlantic.com/daily-dish/archive/2007/11/the-fruits-of-compassionate-conservatism/223794/
